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WIG20 exceeded the 2,500 point mark. For the first time since February 2018 – comments

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WIG20 ended Monday's session above 2,500 points. This is the first such situation since the beginning of 2018.

WIG20 ended trading on Monday with an increase of 1.47%. up to 2507.13 points The Warsaw index was the growth leader in Europe. “The increase of 1.47% positions us as the growth leader in Europe on a daily basis,” noted Konrad Ryczko from the BOŚ brokerage house in a comment.

WIG20 is one of the most important and prestigious indexes of the Warsaw Stock Exchange. The index includes quotations of the 20 largest companies on the Warsaw Stock Exchange.

On Monday, the shares of PZU (an increase of 4.19%) and Budimex (an increase of 3.16%) rose the most in this index.

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WIG20 exceeded the 2,500 point mark

WIG20 broke the 2,500-point mark for the last time. in February 2018, i.e. over 6 years ago. According to Marcin Mierzwa, Stooq analyst, this does not have to be the end of growth.

“(…) the beginning of the week started off great for investors on the Warsaw Stock Exchange. And if the possible weaker performance of quotations on Wall Street (investors in the US are not particularly keen on further increases in indexes at the moment) does not spoil the mood of investors in Warsaw, then there will be a chance for further higher levels for the WIG20 index,” he said.

WIG20 index in the last three monthsstooq.pl

WIG, which includes all companies listed on the main market of the WSE, increased by 1.22 percent on Monday. up to 84,664.91 points

Main photo source: Shutterstock

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